Stock Portfolio Software

Written by Michael Federico

Managing a stock portfolio takes time and commitment. Even subtle shifts in the market can have a huge effect on a person's assets. If an investor wants to make as much money as he possibly can and he wants his portfolio to achieve the goals he has set out for it, he must be diligent in monitoring its performance.

When a person buys stocks through an investment firm, there will be a portfolio manager. This person, usually a financial advisor, will stay in contact with his client, but usually the advisor will have a much firmer grasp on what the portfolio is doing than his client. People spend a lot of money for this service. However, an investor who does not want to pay for professional services or who wants more control over his stocks can establish and manage a portfolio online.

Using Online Portfolio Software

Many online trading services employ the use of the very latest portfolio management software. When a person sets up an online account, he will have full access to everything the software has to offer. He will be able to track the performance of his stock on a day-to-day basis. He will also be able to view the portfolio's growth over the past month, quarter, or year.

Portfolio software also makes it very easy to buy and sell stocks online. Usually, transactions will take only a few clicks on the computer. The software basically walks a person through the entire process, pointing out options and allowing him to confirm his actions.